Access
To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 9
| Criteria | Points |
|---|---|
| mortgage coverage | ∅ |
| optimistic scenario margin | ∅ |
| pre-commercialization | ∅ |
| track record | 🟩🟩 |
| location | 🟩🟩 |
| in the vicinity | 🟩 |
| yield | ∅ |
| LTA | 🟩 |
| LTS | 🟩 |
| operator commitment | ∅ |
| sales price | 🟩 |
| permanent loss | ∅ |
| late projects | ∅ |
| price trend | ∅ |
| urban planning risk | 🟩 |
| debt to equity | ∅ |
| debt to asset | ∅ |
This review is proposed by Grégory Vaur on
⏰ The project starts on 12/07/2024 17h00
💰 The estimated rate of return is 9.22% per year.
⏱ The duration of the project is ∞
💼 Minimum amount to invest is 50$
Analyzed by Grégory Vaur, the project set to take place on July 12, 2024, presents an overall return of 9.22%, with an average price per square foot of around $60. The acquisition price and rent seem consistent, although the level of crime varies from low to high across the properties.
Project Type: Rental Investment
Total Funding: $371,893 USD
Repayment: In fine. Interests: 1w
The project involves purchasing 4 houses ranging from 85 to 139 m², each with 3 bedrooms, located in various neighborhoods of Detroit (population 605,000).
Now, let's dive into the details of each property:
Stats: 3 bedrooms, 1.5 bathrooms
Acquisition: $60k
Rent: $1170/month
Neighborhood: Some amenities nearby but note the presence of nearby abandoned houses, high renovation budget, and high crime rate.
Stats: 3 bedrooms, 1 bathroom
Acquisition: $71k
Rent: $1190/month
Neighborhood: Features fire department and shops, low renovation budget, but be cautious of the moderately high crime rate and climate risks.
Stats: 3 bedrooms, 1 bathroom
Acquisition: $66k
Rent: $1185/month
Neighborhood: Close to amenities but watch out for nearby abandoned houses, high renovation budget, climate risks, and a rather high crime rate.
Stats: 3 bedrooms, 2 bathrooms
Acquisition: $75k
Rent: $1180/month
Neighborhood: Good amenities nearby, low renovation budget, with a low crime rate. However, there are abandoned houses in the vicinity.
This project presents a mix of opportunities and risks, but with careful management and due diligence, it can yield fruitful returns. The bonus offerings for larger investments add extra value and potential for investors to maximize their gains. Overall, it's a promising venture into the real estate market in Detroit!
If you're interested in exploring this project further, you can access additional resources through this link.
39 voters
👎31% 👍41% 🤷5% 🏳️23%
To vote : 
Grégory Vaur
Grégory, I am 26 years old and have been an investor in real estate crowdfunding, stock markets and crowd-lending for around 1 year. I trained myself by watching videos on these subjects. I am currently registered on the first brick, Clubfunding, Raizers...
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